Josh Corriveau
Cap Rate and Cash-on-Cash ROI versus $100/door
Hi BP Members,
I hope you're well. I'm analyzing a property for purchase and the cap rate is 5.73% and cash on cash ROI is 5.07%. The monthly cash flow is $291.46 total for the duplex. While I think the rent could...
Christopher Smith
New Tax Law: 20% of Qualifying Business Income Deduction
Has anyone found any authoritative sources that indicate the 20% QBI deduction under the new tax act applies specifically to rental real estate properties that are considered as Passive Activities under current law? T...
Jonah Stephens
I am 19 years old - Am I eligible for conventional lending?
I am currently 19 and live just outside of Boston. I currently go to college and only have about 10k saved up. With some aid from a hard money lender for a down payment, what are my chances for qualifying for a 203K l...
Kim Lochridge
Cash flowing vacation rental out of state. Sell or refinance?
I have an active fully renovated vacation rental in a great Oregon wine country area with lots of equity. I'm about 10 years from retirement. Should I sell for the equity, keep it as is, or keep it and refinance? The ...
Miller Josh
Maintance requests from Tenants
How do you handle maintenance requests after hours?I am starting out and will have 6 tenants soon. I am a self-employed contractor and receive many calls during the day but I shut my phone off after hours as people ha...
John Otto
How Picky Should I be when making offers on multi-units?
Hello..new to this website...great info and topics.
Have a local agent who deals with buying multi-units (duplex, tri plex, quadplex etc)
Located in Fresno, CA. Have probably reviewed approx 20 or so potential uni...
Roderick McCleary
Starting out my RE Portfolio - could use guidance!
Hi Everyone - I am posting this with hopes of receiving some guidance as I begin to build out my RE portfolio. I'll give a quick background of where I'm at, where I'm hoping to go and ask how do you recommend I get th...
Daniel B.
Turning PR into rental, have to pay off HELOC?
Hello,
My wife and I moved into one of our 2 family rental properties 2 years ago. We took out a heloc a year and a half ago and improved the property. We are now planning on moving this summer. We will rent o...
Jacob Fortune
Raising Rents After Purchasing a Property
I am looking into purchasing a 4 Unit apartment building. The posted rent per unit is 430/450 a month. Average rent in the area is around $650. Does anyone have any advice on how to get the rents up to average or clos...
Cara O'Donnell
Does anyone in Edmonton own a rental property in Eastwood?
Looking to get some insight on the area. With it being so close to 118 ave we know there would be some drug related trouble in the area, however, would like to speak with someone who has experience investing in this a...